628 Magnolia WayTiffinIA52340
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tiffin at 628 Magnolia Way, Tiffin, IA, 52340 with 5% annual appreciation on a $307,990 basis while $3,060/mo rent supports operations. Total monthly income totals $3,060/mo and a $1,507/mo payment preserves $1,060/mo for cash returns. Annual cash flow comes to $12,723/yr on $102,099 deployed, and return on cash invested reaches 32.37% in year one. Equity gained on principal adds $1,987/yr, and five-year appreciation sums $85,092 alongside rental yield of 11.92%. Five-year ROI measures 170.09% and total cumulative return in cash totals $173,664.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,060/mo property income versus a $1,507/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52340, Tiffin, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,399 (100%) |
| Owner Occupied HU | 1,622 (67.6%) |
| Renter Occupied HU | 534 (22.3%) |
| Vacant Housing Units | 243 (10.1%) |
| Median Home Value | $343,688 |
| Average Home Value | $346,595 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,168
Multi-Family
277
Businesses
140
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Listed by: Kathryn Greer • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504493
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.